Quote from: kryptqnick on February 25, 2024, 12:40:11 PM

I don't know, but what if it's a local economic phenomenon and not a global recession?
I expected a recession in 2020-2021, but that didn't happen.
2022 was very challenging, primarily because of Russia's invasion of Ukraine and the sanctions that followed it, but even that wasn't a recession.
Then I feel like 2023 was a year of recovery, and according to the World Economic Forum, the risk of global recession in 2024 is lower (than it was in the years before, I suppose).

Or it was all just again just fear induced by the media?
Quoting gentlemand as this will never get old:

Quote from: gentlemand on June 25, 2020, 09:15:38 AM

Same goes for Zerohedge, the site that predicted 200 of the last 2 recessions.

Quote from: FelixH on February 26, 2024, 04:49:00 AM

By definition the US is already in a recession for many many months

By what definition?

Quote

Real gross domestic product (GDP) increased at an annual rate of 3.3 percent in the fourth quarter of 2023, according to the "advance" estimate. In the third quarter, real GDP increased 4.9 percent.

The US economy is growing and outpacing eveything else by the $ that those percentages represent, the US economy basically added South Korea as a state growing by 1.6 trillion!